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554 Farnham Ave

Lincoln Park, MI 48146

3 bd 1 ba 1,238 sqft Built 1951 Lot 4,356 sqft single_family
Most recent sale
$150,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $150,000 Public Record
Aug 25, 2022 Sold $150,000 Realcomp
Jul 1, 2022 Listed $149,000 MLS #20221013189
Mar 28, 2014 Sold $71,500 Public Record
Feb 19, 2014 Sold $71,500 Public Record
Jun 4, 2013 Sold $50,000 Public Record
Apr 25, 2013 Listing removed $55,000 Realcomp
Apr 1, 2013 Price changed $55,000 MLS #213024902
Mar 19, 2013 Listed $59,900 MLS #213024902

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $46,700 $1,447
2020 $39,600 $1,780
2019 $34,300 $1,406
2018 $30,600 $1,668
2017 $31,400 $1,702
2016 $31,400 $1,642
2015 $30,400 $2,204
2014 $30,200 $2,177
2013 $31,100 $1,610
2012 $33,800 $1,710
2011 $38,300 $1,913
2010 $44,500 $1,914
2009 $54,200 $1,903
2008 $60,000 $1,453
2007 $55,500 $1,311

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,238 sqft
Lot size
4,356 sqft
ZIP code
48146
City
Lincoln Park
Street
Farnham Ave
Coordinates
42.24027, -83.16505

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 554 Farnham Ave last sell?
554 Farnham Ave most recently sold on Sep 7, 2022 for $150,000.
What is the current tax assessment for 554 Farnham Ave?
The most recent total assessment for 554 Farnham Ave (year 2021) is $46,700 with $1,447 in property tax.
How does 554 Farnham Ave's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $150,000.
When was 554 Farnham Ave built?
554 Farnham Ave was built in 1951.
How does 554 Farnham Ave compare to others on Farnham Ave?
We track 8 other properties on Farnham Ave. Browse the list under "Other properties on Farnham Ave" to compare beds, baths, and sale history.
What are the property facts for 554 Farnham Ave?
554 Farnham Ave is a 3 bed, 1 bath, 1,238 sqft, 4,356 sqft lot single_family.
Is 554 Farnham Ave a flip candidate?
No — 554 Farnham Ave does not appear in our flips dataset.
Is 554 Farnham Ave a tax-appeal candidate?
No — 554 Farnham Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q2
$166.5K
2026 Q3
$168.2K
ZIP 48146 — Median Price History + Forecast

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